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PER SHARE INFORMATION (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The amounts used to compute the basic and diluted earnings per share for the three months ended March 31, 2013 and 2012 are illustrated below (in thousands):

 

     Three Months Ended
March 31,
 
     2013      2012  

AMOUNTS ATTRIBUTABLE TO COMMON STOCK:

     

Net income from continuing operations

   $ 72,081       $ 45,798   

Net loss from discontinued operations

     —           (91
  

 

 

    

 

 

 

Net income attributable to common stock

   $ 72,081       $ 45,707   
  

 

 

    

 

 

 

WEIGHTED AVERAGE SHARES:

     

Weighted average shares outstanding for basic earnings per share

     213,453         211,481   

Effect of dilutive stock options

     59         111   
  

 

 

    

 

 

 

Weighted average shares outstanding for diluted earnings per share

     213,512         211,592